Monthly Archives: April 2011

ProPublica To Carefully Scrutinize the Internal Reviews of Foreclosure Servicers

ProPublica, the non-profit investigative journalism organization has promised to keep a close eye on the very weak OCC orders requiring loan servicing companies to self examine.  More to come…

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Investigations Continue of Foreclosure Law Firms

While many of the largest banks in the United States have entered in to a consent decree to review millions of foreclosures to determine whether or not they had proper standing to sue, Law Firms who filed those lawsuits continue to

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Ohio Supreme Court To Address Standing in Foreclosure Cases

From Dick Davet: About U.S. Bank  v. Duvall The Ohio Supreme Court announced two separate decisions relating to Duvall on Wednesday, April 6, 2011.  In respect of the U.S. Bank notice of appeal and filing seeking a discretionary review, the Court dismissed

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Posted in Forclosure, Predatory Lending, Uncategorized

New York Attorney General Takes On New York Foreclosure Mill

New York Attorney General Eric Schneiderman has issued subpoenas to The Baum Law Firm according to today’s New York Times The Baum firm is engaged in the very same conduct as Ohio Foreclosure Mill Lerner Sampson and Rothfuss.  Here is

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Posted in Forclosure, Predatory Lending, Uncategorized

DOCX Commits Serial Document Fraud Thousands of Foreclosures May be Invalid

Sixty Minutes reports on the latest fraud by Banks, Investors, Servicers and their agents. Alleged bank Vice President  Linda Green turns out to be dozens of different people.  Robosigners, making $10.00 per hour pretended to be bank officers.  One Robosigner

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Defects In Assignments of Mortgages and Endorsement Of Notes to Securitized Trusts May Prevent Foreclosure Actions

An Alabama Judge has ruled that defects in the transfer of a borrower’s note to a securitized trust robs that trust of the standing to sue for foreclosure.  Housing Wire reports that failure of a trust comprised of mortgage loans

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